154-0523/02 – Financial decision-making under risk (FDMuR)
Gurantor department | Department of Finance | Credits | 5 |
Subject guarantor | prof. Dr. Ing. Zdeněk Zmeškal | Subject version guarantor | prof. Dr. Ing. Zdeněk Zmeškal |
Study level | undergraduate or graduate | Requirement | Compulsory |
Year | 1 | Semester | winter |
| | Study language | English |
Year of introduction | 2009/2010 | Year of cancellation | |
Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
In this course, basic issues, approaches and concepts of financial decision-making are treated. Risk and contingency aspects are stressed. The aim of the course is to learn students to process and solve selected problems by means of fundamental decision-making approaches of modern finance under risky conditions. In such a way the students should be able to analyze the linkage among particular input variables and the problem solution efficiently.
Teaching methods
Lectures
Tutorials
Summary
There are basic topics, approaches and concepts applied in this subject from
the area of financial decision-making with aspects of risk and contingency. The aim of the subject is provide information and knowledge how to solve selected problems the way, they would be able to apply fundamental decision approaches modern finance under risk.
Compulsory literature:
Recommended literature:
Way of continuous check of knowledge in the course of semester
tutorial
E-learning
Další požadavky na studenta
There are no other requirements on the students.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Proposal methods and evaluation of firm financial plan
2. Financial decision-making criteria under risk
3. Markowitz model
4. CAPM, APT model.
5. Forward, future and swap contracts.
6. Option contracts, hedging.
7. Option methodology and its application in financial decison-making.
8. Capital structure theory and costs of capital estimation under risk.
9. Investment decision-making under risk.
10. Dividend theory and policy.
11. Company valuation under risk.
12. Acquisitions.
13. Cash management of multinational firm (theory of exchange rates estimation).
14. Cash management of multinational firm.
Conditions for subject completion
Conditions for completion are defined only for particular subject version and form of study
Occurrence in study plans
Occurrence in special blocks